Kathmandu — Himalayan Life Insurance Limited has officially entered its 17th year of operation, marking the milestone with a renewed commitment to delivering higher returns to investors and improved services to policyholders. The company founded on Jestha 22, 2065,...

Kathmandu –  The Asian Development Bank (ADB) has appointed ICIMOD to act as one of three technical implementing partners in a major initiative designed to transform climate and disaster risk reduction in the Hindu Kush Himalaya region. ICIMOD collaborates...

AM Best has upheld its stable outlook on South Korea’s non-life insurance sector, citing improved capital management driven by the country’s evolving solvency standards. The global credit rating agency acknowledged moderate growth in both long-term and general insurance lines,...

Kathmandu — Nepal Reinsurance Company (Nepal Re) Limited has posted a 55.05 percent rise in net profit for the second quarter of the current fiscal year compared to the same period in the previous fiscal year. According to the...

Kathmandu — Nepal Insurance Company Limited has announced that it will close its shareholders’ registration book for one day on Jestha 30 (June 13) to determine eligibility for its upcoming right share issuance. As per the notice, shareholders who...

Beijing (China Daily) – China’s internet-based insurance industry is experiencing strong and consistent growth, with online policy purchases quickly catching up to traditional offline channels, according to a new report released jointly by Yuanbao Inc and the Research Center...

The World Bank is advocating for a transformative shift in how national data systems are built and sustained, urging governments to embrace structured partnerships with the private sector to meet the growing demand for real-time, reliable, and development-driven data....

Kathmandu — The Supreme Court has directed its administration to prioritize the hearing of a writ petition filed against the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority. A joint bench comprising Justices Mohammad Musalman and...

Kathmandu — The expanding wave of foreign employment among Nepalis is fueling significant growth in the country’s term life insurance sector. As more citizens leave the country in search of better job opportunities abroad, the demand for mandatory foreign...

Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has announced a limited-time discount offer on the renewal of expired life insurance policies. The offer, which begins today Jestha 21 (June 4), will remain in effect until Jestha 31 (June...